Get New Listings Emailed Daily! SIGN UP OR LOGIN

$389,900

Status: Active

875 S Lake Shore Way Lake Alfred, FL 33850

6

Bedrooms
—

Total Baths
1,609

Square Feet
0.33

Acres
1945

Year Built
—

HOA

Property Description

Investor Description (Short & Straight to the Point)Income-producing property with endless upside! This unique investment features 3 grandfathered rental units generating approximately $5,700/month in rental income. Situated on one of Polk County's highest-traffic corridors, the property offers exceptional visibility, commercial-area potential, and possible billboard income (buyer to verify approvals). Buy below the cost of comparable commercial opportunities and capitalize on multiple future value-add possibilities.

Request Info / Schedule Showing

Contact Form

Preferred Communication Method:
I'm interested in 875 S Lake Shore Way , Lake Alfred, FL 33850.

Schedule Showing

Request a date and time to see 875 S Lake Shore Way , Lake Alfred, FL 33850. An agent will get in touch to confirm your request.

July 29 Wed
July 30 Thu
July 31 Fri
August 1 Sat
August 2 Sun
August 3 Mon
August 4 Tue
August 5 Wed
August 6 Thu
August 7 Fri
August 8 Sat
August 9 Sun
August 10 Mon
August 11 Tue
August 12 Wed

7:00 AM
7:30 AM
8:00 AM
8:30 AM
9:00 AM
9:30 AM
10:00 AM
10:30 AM
11:00 AM
11:30 AM
12:00 PM
12:30 PM
1:00 PM
1:30 PM
2:00 PM
2:30 PM
3:00 PM
3:30 PM
4:00 PM
4:30 PM
5:00 PM
5:30 PM
6:00 PM
6:30 PM
7:00 PM
7:30 PM
8:00 PM
8:30 PM
9:00 PM

Property Features

MLS Number: S5154520

Subdivision: ROCHELLE TERRACE

County: Polk

Bedrooms: 6

Total Square Feet: 1,609

New Constuction: No

Construction: Stucco

Outdoor Features: Garden, Private Mailbox, Private Yard, Storage

Waterfront: No

Property Type: Multi Unit - Multiple

Basement: Yes

Cooling: Central Air

Heating: Central

Lot Size: 0.33 Acres

Roof Type: Shingle

Taxes: $4,043

Year Built: 1945

Amenities

Ceiling Fans(s)

Open Floorplan

Garden

Private Mailbox

Private Yard

Storage

Feature Descriptions

Annual Net Income: 29236.00

Directions: Driving Directions from I-4 (Closest Interstate)From Interstate 4 (I-4) â?? Exit 48 (CR 557 / Lake Alfred):Take Exit 48 toward Lake Alfred / CR 557.Head south on CR 557 for approximately 2.5 miles.Turn left onto US Highway 17/92 (S Lake Shore Way).Continu

Exterior: Stucco

Flood Zone Code: X

Foundation: Basement, Crawlspace

Home Warranty Y/N: No

Listing Terms: Cash, Conventional

Lot Dimensions: 0.33

Other Equipment: Private Yard

Ownership: Fee Simple

Property Attached Y/N: No

Property Sub-Type: Triplex

Sewer: Septic Tank

Showing Instructions: 24 Hour Notice, Appointment Only, Do Not Contact Tenants, No Lockbox, See Remarks

Special Sale Provisions: None

Utilities: Cable Available, Electricity Available

Water: Public

Water Access Y/N: No

Zoning: C-1

Location

Listed By / Shown By

Listed By

Broker Name: LA ROSA REALTY LLC
Broker Contact: 321-939-3748

Shown By

Broker Title: EstaVal
Broker Phone: 941-241-4100

Estimate Your Payment

Estimated Payment

$ 1,318.39 per month $867.75 Principal & Interest $336.92 Property Tax $113.72 Homeowner's Insurance